Microsoft Corporation (NASDAQ:MSFT) is a top AI and non-tech stock to watch amid the latest earnings season. Analysts believe Microsoft is at the ‘intersection’ of software and AI, with strong growth potential. The company posted a strong quarter, exceeding analyst estimates for Azure with 40% year-over-year growth.
Wedgewood Partners highlighted Microsoft’s heavy capital expenditures, standing up over 2 gigawatts of data center capacity in the past year. The company has shown attractive cash flow returns, with gross cash flow growing significantly. Despite Microsoft’s potential as an investment, some AI stocks may offer greater promise for higher returns with limited downside risk.
For more insights on potential stocks, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” on Insider Monkey. No disclosure is stated in the article.
Read more at Yahoo Finance: Analyst Says Microsoft (MSFT) at ‘Intersection’ of Software and AI
